Stocks soar as Fed prolongs stimulus

It’s not necessarily good news that the Federal Reserve wants to keep the economic stimulus, because it means the American economy is no doing well enough to be left alone. NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>>the economic news today sent the
stock market
soaring but it wasn't necessarily good news for everybody in the rest of the country. the long and short h of it is this. the
american economy
is not doing well enough to be left alone. after first saying the recovery was gaining strength, the head of the
federal reserve
,
ben bernanke
today decided to keep going with
economic stimulus
to try to encourage job and
economic growth
. both the dow and s&p closed at record highs as a result. good news for anybody with a 401(k).
mortgage rates
are expected to drop but the fed believes the
american economy
still need s a continuing infusion of $85 billion a month. there are growing concern that is a potential government shut-down in washington will h do more damage.